The gross income of a taxpayer can come from different sources. Gross income includes your wages, dividends, capital gains, business income, retirement distributions, and other income. Income adjustments have educator expenses, student loan interest, alumni payments, or contributions to a retirement account, and many more. To avoid making mistakes in your tax preparation (pay more or stop paying), be sure to hire a qualified tax advisor to understand and meet your tax responsibilities. The deadline to file your taxes without penalties for the following year is April 18, 2022.
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